How does Algrano calculate exchange rates?
Prices on Algrano use commercial exchange rates that include a standard conversion spread (typically 2–3%).If you purchase coffee in your local currency (e.g., CHF, GBP or EUR) from a producer priced in USD, the rate shown on the platform covers the full cost of currency conversion.
Why this rate differs from search engines (like Google): Mid-Market vs. Commercial Rates: Google displays the wholesale mid-market rate used between major financial institutions, which excludes transaction fees. FX Risk: Commercial rates include a spread to cover processing fees and protect both parties against currency fluctuations between order and delivery.